Posts by pete

Key Takeaways In business valuation, precision begins with knowing which standard of value applies. The same company can be worth very different amounts depending on the purpose of the valuation and the perspective being taken. For example, a business valued for tax reporting must meet very different criteria than one being purchased by a strategic…

Key Takeaways On April 22, 2025, the Small Business Administration (SBA) released SOP 50 10 8, with an effective date of June 1, 2025. A revised version with technical updates followed on May 29, 2025, clarifying many of the initial changes. This latest update represents a shift back toward more traditional SBA underwriting requirements, with…

Key Takeaways Divorce involving a closely held business isn’t just about dividing assets—it’s about getting the value right. One key factor that often gets overlooked? Goodwill. Not the kind you feel, but the kind that can significantly impact how your business is valued and divided during a divorce. At BGH Valuation, we’ve seen firsthand how…

Updates below due to the Big Beautiful Bill signed into law as of July 4th, 2025. Key Takeaways For owners of closely held businesses and the attorneys who advise them, the 2025 estate and gift tax landscape presents a powerful opportunity. With lifetime exemptions nearing historic highs, now is the time to act strategically. Gifting…